Cintas on Tuesday proposed to buy UniFirst for about $5.3 billion, after its repeated overtures to take over the uniform supplier were rejected by the company's board. Cintas said it had offered $275 ...
For Cintas, a deal would allow the combined companies to serve more customers and make greater use of its recent investments ...
Smith Collection / Gado / Getty Images Cintas shares tumbled Thursday as the provider of uniforms and other business supplies reported a decline in direct sales of its uniforms and warned about ...
Mason-based corporate uniform giant Cintas (Nasdaq: CTAS) publicized the offer Tuesday, Jan. 7, in an effort to get UniFirst shareholders to push its board to consider it. Cintas offered to pay ...
Jan 7 (Reuters) - Uniform supplier UniFirst (UNF.N), opens new tab on Tuesday rebuffed again a takeover proposal from Cintas (CTAS.O), opens new tab that valued the firm at $5.3 billion and said ...
Based on company filings, we believe Cintas and UniFirst hold around 40% and 13% share of the uniform rental market, respectively. A combination would make Cintas by far the largest provider in a ...
Cintas has made a proposal to acquire a competitor for $5.3 billion and isn’t giving up even though that company’s board has rejected its offer. STORY HIGHLIGHTS Cintas has proposed a $5.3 ...
UniFirst reported Q1 2025 results with sales of $604.91M, operating income of $55.5M, and adjusted EPS of $2.40. Cintas offered to acquire UniFirst for $275/share.
(Reuters) -Uniform supplier UniFirst on Tuesday rebuffed again a takeover proposal from Cintas that valued the firm at $5.3 billion and said that it was confident of its strategy as a standalone ...
(Reuters) -Uniform supplier UniFirst on Tuesday rebuffed again a takeover proposal from Cintas that valued the firm at $5.3 billion and said that it was confident of its strategy as a standalone ...